Pizzeria operators can longer operate profitably while facing 150 percent turnover rates, a week's worth of inventory sitting in the cooler and an absence of local marketing. That's one of the messages of the first Pizza Executive Summit.
The theme of the summit, to be held June 8-9 at the Hyatt Regency in Chicago, is "Evolution of the Modern Pizza Business." The invitation-only event is free to qualified attendees.
Several sessions at the summit will address issues such as out-of-control turnover rates and offer solutions for operators.
"Industry estimates are that it costs at least $1,500 to replace an hourly employee, when you add in training time, lost productivity and the potential for dissatisfied customers," said Paul Barron, executive vice president of NetWorld Alliance, the organizer of the Pizza Executive Summit. "A 30-person operation running 150 percent turnover could potentially be leaving more than $45,000 on the table each year." NetWorld Alliance is the publisher of PizzaMarketplace.com. The summit will be structured around a series of four collaborative sessions. Each session will last 90 minutes and consist of a specific topic followed by a small group discussion. Attendees will receive a complimentary copy of the upcoming Pizza Marketplace Industry Study, valued at $595. The study includes information about the top pizzeria chains around the country, an overview about trends in commodities prices, commentaries from industry experts and the results of an in-depth operator survey.
Sponsorships for the Pizza Executive Summit are still available. Click here for more information about becoming a sponsor.
Program agenda Monday, June 8 Noon – 1 p.m. Keynote & Modern Idea Lunch: Consumer Sci-Pie Learn what consumers want and how to deliver it. 1 p.m. – 1:30 p.m. Power Info Session I & Break 1:30 p.m. – 3 p.m. Session One: Executive Boot Camp Strategies on leading your business. 3 p.m. - 3:30 p.m. Power Info Session II & Break 3:30 p.m. – 5 p.m. Session Two: Greenfusion, New Track to the Profit Line Learn how greening your pizza business could break the bank or make your profits soar. 6:30 p.m. Flair Dinner Party Tuesday, June 9 8 a.m. – 9 a.m. Keynote & Breakin' Rulz Breakfast: Pizza Marketing Web 2.0 style Learn how your business can reap the rewards and level the playing field though Web marketing. 9 a.m. – 10 a.m. Session Three: Operations 2.0 Real-Time Solutions How you run your business in the future will change dramatically with new online solutions that will transform the way you manage, hire, buy, sell, market, grow and learn. 10 a.m. – 10:30 a.m. Power Info Session III & Break 10:30 a.m. – Noon Session Four: Learning the New Financial Business Model for the Modern Pizza Business Changes are occurring in our society and economy. Businesses can no longer afford to have 150 percent annual turnover or to keep a week's worth of food in the freezer. Space at the Summit is limited. With this setting, each of the participants will have the opportunity to talk one-one-one with industry executives. Attendees will receive a complimentary copy of the upcoming Pizza Marketplace Industry Study valued at $595. The study includes information about the top pizzeria chains around the country, an overview about trends in commodities prices, commentaries from industry experts and the results of an in-depth operator survey. Sponsorships for the Pizza Executive Summit are still available. Click here for more information about becoming a sponsor.